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Tampa's PBSJ engineering firm names new chairman and temporary CEO

Robert J. Paulsen will replace John B. Zumwalt III as chairman and temporarily succeed him as chief executive officer of the Tampa's PBSJ Corp., the parent of engineering firm PBS&J, one of Florida's biggest government contractors. Paulsen, 57, joined PBSJ in 1986.

Zumwalt recently said he would transition out of the CEO role during fiscal year 2010, but then said he would accelerate his resignation to March 1, citing personal reasons. Zumwalt leaves behind a series of controversies.

PBSJ has been under scrutiny following a series of what Zumwalt described in a Jan. 25 letter to shareholders as a "management crisis," including a $36 million embezzlement scheme and accusations of violating federal campaign finance laws. PBSJ also reported early results of an internal probe of possible violations of the Foreign Corrupt Practices Act in certain projects undertaken by its PBS&J International Inc. subsidiary.

Zumwalt served as president of that international subsidiary until July. After Zumwalt departs, Paulsen will also serve as PBSJ's CEO during a search for a permanent chief executive.

Tampa's PBSJ engineering firm names new chairman and temporary CEO 02/15/10 [Last modified: Monday, February 15, 2010 6:26pm]
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